Honeywell International (NASDAQ:HON) CEO Kenneth West Sells 316 Shares

Honeywell International Inc. (NASDAQ:HON) CEO Kenneth West sold 316 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $245.47, for a total transaction of $77,568.52. Following the completion of the sale, the chief executive officer owned 2,004 shares of the company’s stock, valued at approximately $491,921.88. This trade represents a 13.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Honeywell International Trading Up 1.5%

NASDAQ HON opened at $246.77 on Tuesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.93 and a current ratio of 1.21. The firm has a market cap of $78.21 billion, a PE ratio of 9.54, a P/E/G ratio of 5.44 and a beta of 0.89. Honeywell International Inc. has a one year low of $196.59 and a one year high of $261.24. The firm’s fifty day moving average is $228.83 and its two-hundred day moving average is $228.42.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The business had revenue of $9.72 billion during the quarter, compared to the consensus estimate of $5.03 billion. During the same quarter in the prior year, the firm earned $1.77 earnings per share. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. Analysts expect that Honeywell International Inc. will post 8.25 earnings per share for the current year.

Honeywell International Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, August 14th. Honeywell International’s dividend payout ratio (DPR) is presently 36.80%.

Analyst Ratings Changes

A number of research firms have recently issued reports on HON. JPMorgan Chase & Co. dropped their target price on Honeywell International from $260.00 to $250.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Barclays lowered their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 10th. Zacks Research cut shares of Honeywell International from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 9th. Bank of America upgraded shares of Honeywell International from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $205.00 to $265.00 in a research report on Tuesday, July 28th. Finally, Jefferies Financial Group set a $265.00 target price on shares of Honeywell International in a research note on Tuesday, July 28th. Thirteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus price target of $254.25.

Hedge Funds Weigh In On Honeywell International

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cardinal Capital Management Inc. increased its position in shares of Honeywell International by 6.1% in the 4th quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock worth $27,064,000 after purchasing an additional 7,929 shares during the last quarter. Douglas Lane & Associates LLC lifted its holdings in shares of Honeywell International by 56.1% in the 4th quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock worth $14,199,000 after purchasing an additional 26,162 shares during the last quarter. Exencial Wealth Advisors LLC boosted its stake in Honeywell International by 36.6% during the 4th quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock valued at $15,844,000 after purchasing an additional 21,770 shares during the period. MADDEN SECURITIES Corp bought a new stake in Honeywell International during the 4th quarter valued at $1,418,000. Finally, Valley Wealth Managers Inc. raised its stake in shares of Honeywell International by 33.9% during the fourth quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock valued at $22,243,000 after purchasing an additional 28,875 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.